Here are some risk management tips for you:
1. **Monitor Price Movements:** Continuously observe price trends and modify your stop-loss accordingly.
2. **Trail Your Stops:** Utilize trailing stops to secure profits as the market trends in your favor.
3. **Avoid Averaging Down:** Refrain from adding to a losing position in an attempt to lower your average entry price.
4. **Review Trade Thesis:** Regularly re-evaluate the rationale of your trade based on new information.
5. **Avoid Overtrading:** Limit your trades to a predetermined number per day or week to prevent fatigue and mistakes.
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